1. Directory
  2. Illinois
  3. Chicago
  4. The Innovation Foundation
EIN 80-0633175

The Innovation Foundation

IRS 501(c) type
501(c)(3)
Num. employees
1
City
Chicago
State
Illinois
Year formed
2010
Most recent tax filings
2023-12-01
NTEE code, primary
B90: Educational Services
Description
The Innovation Foundation was formed to institutionalize the non-profit activities of Chicago Ideas Week and philanthropically create a positive impact on the educational and intellectual community of Chicago. It promotes and encourages sharing ideas, inspiring action, and igniting change to positively impact the world through hosting Chicago Ideas Week, which brings together some of the world's most outstanding speakers.
Total revenues
$296,566
2023
Total expenses
$310,364
2023
Total assets
$201,417
2023
Num. employees
1
2023

Program areas at The Innovation Foundation

Chicago ideas week's mission is to promote and encourage sharing ideas, inspiring action, and igniting change to positively impact The world. The program annually hosts chicago ideas week which brings together some of The world's most outstanding speakers to present their ideas and inspire The innovations of tomorrow at various sessions across The city of chicago. Due to The covid-19 pandemic, program services are exclusively held virtually.

Grants made by The Innovation Foundation

GranteeGrant descriptionAmount
Virginia Tech FoundationResearch$7,000

Who funds The Innovation Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Ring Family Supporting FoundationGeneral Operating Support$10,000

Personnel at The Innovation Foundation

NameTitleCompensation
Bradley KeywellDirector$0
Sarah Ruth-GillisManaging Producer$114,070
Megan M McDonald PaulsonExecutive Director$131,700
Amanda Jordan SalhootDirector of Strategic Partners$111,121
Rachel M GrahamDirector$105,912
...and 7 more key personnel

Financials for The Innovation Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$296,566
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$296,566

Form 990s for The Innovation Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-12990View PDF
2022-122023-08-29990View PDF
2021-122022-08-10990EZView PDF
2020-122021-11-10990View PDF
2019-122021-03-31990View PDF
...and 9 more Form 990s

Organizations like The Innovation Foundation

OrganizationLocationRevenue
Anoka Hennepin Educational Foundation IncorporatedAnoka, MN$399,638
Atlanta Families Awards for Excellence inAtlanta, GA$136,658
Partners In Island EducationVinalhaven, ME$148,476
Fairhope Educational Enrichment FoundationFairhope, AL$365,385
Elkhart Education FoundationElkhart, IN$327,037
Ely Chapman Education FoundationMarietta, OH$642,298
The Foundation for the BasdBethlehem, PA$308,774
Friends of Tahoe Truckee WaldorfTruckee, CA$833,403
Paterson Education FundPaterson, NJ$1,135,298
Utah Stem FoundationS Salt Lake, UT$586,479
Data update history
November 8, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 21, 2023
Posted financials
Added Form 990EZ for fiscal year 2021
June 14, 2023
Posted financials
Added Form 990 for fiscal year 2020
May 30, 2023
Updated personnel
Identified 4 new personnel
May 11, 2023
Received grants
Identified 1 new grant, including a grant for $10,000 from Ring Family Supporting Foundation
Nonprofit Types
Grantmaking organizationsSchoolsEducational service providersCharities
Issues
Education
Characteristics
State / local levelTax deductible donationsAccepts online donations
General information
Address
1130 W Monroe
Chicago, IL 60607
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Website URL
chicagoideas.com/ 
Phone
(313) 380-2399
IRS details
EIN
80-0633175
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2010
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B90: Educational Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
Free account sign-up

Want updates when The Innovation Foundation has new information, or want to find more organizations like The Innovation Foundation?

Create free Cause IQ account
Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information.
Nonprofits
Product
Customers
About

© 2025 Nonprofit Metrics LLC
Terms of Service and Privacy Policy